An economist says North Carolina’s economy is undergoing a transformation due to technology jobs, even though there are a decreasing number of openings.
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No recession occurred in 2022, despite many predictions the economy would fall into an economic recession—and the same could be true of 2023.
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The United States may not yet have reached peak inflation, a UNC Charlotte economist said during an economic forecast held virtually on Thursday.
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At a virtual economic forecast, a UNC Charlotte professor put the odds of the U.S. falling into a recession at 50-50, equivalent to a coin flip.
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“Bottom line is, we’ve taken the biggest hit that the economy has seen since the Great Depression of the 1930s,” said Connaughton, who presented quarterly Barings/UNC Charlotte Economic Forecast by webinar on Thursday.
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